VST Industries Ltd
VST Industries is engaged inter-alia in manufacture and trading of Cigarettes, Tobacco and Tobacco products.(Source : 202003 Annual Report Page No: 93)
- Market Cap ₹ 5,378 Cr.
- Current Price ₹ 3,483
- High / Low ₹ 4,538 / 2,536
- Stock P/E 17.4
- Book Value ₹ 514
- Dividend Yield 2.96 %
- ROCE 57.9 %
- ROE 41.9 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 37.27%
- Company has been maintaining a healthy dividend payout of 60.92%
Cons
- The company has delivered a poor sales growth of 8.19% over past five years.
- Promoter holding is low: 32.16%
Peer comparison
Sector: Tobacco Products Industry: Cigarettes
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
279 | 243 | 290 | 293 | 273 | 305 | 299 | 344 | 292 | 246 | 300 | 287 | |
200 | 147 | 201 | 206 | 191 | 190 | 203 | 235 | 197 | 146 | 187 | 187 | |
Operating Profit | 79 | 96 | 89 | 87 | 81 | 115 | 96 | 108 | 95 | 99 | 113 | 100 |
OPM % | 28% | 39% | 31% | 30% | 30% | 38% | 32% | 32% | 32% | 40% | 38% | 35% |
Other Income | 8 | 8 | 10 | 9 | 11 | 12 | 12 | 11 | 12 | 12 | 15 | 9 |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 11 | 9 | 11 | 10 | 11 | 9 | 9 | 10 | 13 | 9 | 9 | 9 |
Profit before tax | 76 | 95 | 89 | 86 | 81 | 118 | 99 | 109 | 94 | 102 | 119 | 100 |
Tax % | 37% | 36% | 36% | 36% | 34% | 36% | 23% | 25% | 25% | 26% | 25% | 26% |
Net Profit | 48 | 61 | 57 | 55 | 53 | 76 | 76 | 81 | 71 | 76 | 89 | 74 |
EPS in Rs | 31.30 | 39.66 | 37.00 | 35.90 | 34.34 | 49.01 | 49.42 | 52.77 | 45.73 | 49.03 | 57.34 | 47.73 |
Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes |
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
380 | 471 | 578 | 684 | 669 | 789 | 836 | 883 | 922 | 948 | 1,099 | 1,239 | 1,124 | |
313 | 401 | 439 | 475 | 488 | 571 | 594 | 646 | 675 | 654 | 746 | 825 | 717 | |
Operating Profit | 67 | 70 | 139 | 210 | 180 | 218 | 243 | 237 | 248 | 294 | 353 | 415 | 407 |
OPM % | 18% | 15% | 24% | 31% | 27% | 28% | 29% | 27% | 27% | 31% | 32% | 33% | 36% |
Other Income | 35 | 33 | 20 | 26 | 26 | 32 | 18 | 20 | 20 | 25 | 39 | 47 | 48 |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 16 | 18 | 24 | 25 | 22 | 27 | 32 | 31 | 37 | 39 | 41 | 42 | 40 |
Profit before tax | 86 | 86 | 135 | 211 | 184 | 224 | 229 | 227 | 231 | 279 | 351 | 420 | 415 |
Tax % | 28% | 27% | 30% | 32% | 31% | 33% | 33% | 32% | 34% | 35% | 35% | 28% | |
Net Profit | 62 | 62 | 95 | 143 | 126 | 150 | 152 | 153 | 152 | 182 | 227 | 304 | 309 |
EPS in Rs | 40.03 | 40.18 | 61.53 | 92.29 | 81.76 | 97.24 | 98.57 | 99.15 | 98.13 | 117.79 | 146.90 | 196.93 | 199.83 |
Dividend Payout % | 75% | 75% | 73% | 70% | 76% | 72% | 71% | 71% | 76% | 66% | 65% | 52% |
Compounded Sales Growth | |
---|---|
10 Years: | 10% |
5 Years: | 8% |
3 Years: | 10% |
TTM: | -8% |
Compounded Profit Growth | |
---|---|
10 Years: | 17% |
5 Years: | 16% |
3 Years: | 26% |
TTM: | 8% |
Stock Price CAGR | |
---|---|
10 Years: | 18% |
5 Years: | 16% |
3 Years: | 4% |
1 Year: | -16% |
Return on Equity | |
---|---|
10 Years: | 39% |
5 Years: | 37% |
3 Years: | 37% |
Last Year: | 42% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Sep 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | |
Reserves | 224 | 232 | 249 | 275 | 289 | 313 | 331 | 355 | 524 | 567 | 649 | 772 | 778 |
Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
259 | 310 | 374 | 421 | 439 | 427 | 479 | 457 | 259 | 482 | 541 | 610 | 585 | |
Total Liabilities | 499 | 557 | 639 | 711 | 744 | 755 | 826 | 827 | 798 | 1,064 | 1,205 | 1,397 | 1,379 |
125 | 133 | 152 | 163 | 175 | 209 | 198 | 174 | 220 | 195 | 213 | 187 | 170 | |
CWIP | 5 | 7 | 0 | 0 | 0 | 0 | 0 | 41 | 1 | 34 | 0 | 13 | 16 |
Investments | 193 | 190 | 171 | 224 | 199 | 181 | 171 | 162 | 174 | 416 | 575 | 753 | 739 |
175 | 227 | 315 | 324 | 370 | 365 | 457 | 450 | 403 | 419 | 416 | 444 | 454 | |
Total Assets | 499 | 557 | 639 | 711 | 744 | 755 | 826 | 827 | 798 | 1,064 | 1,205 | 1,397 | 1,379 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
21 | 53 | 85 | 151 | 118 | 130 | 118 | 132 | 146 | 420 | 290 | 331 | |
25 | -5 | -8 | -63 | 9 | -18 | 3 | -24 | -18 | -264 | -148 | -155 | |
-37 | -55 | -54 | -81 | -117 | -113 | -126 | -130 | -130 | -139 | -144 | -177 | |
Net Cash Flow | 9 | -7 | 23 | 7 | 10 | -1 | -6 | -22 | -2 | 17 | -2 | -0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
ROCE % | 26% | 35% | 50% | 71% | 58% | 69% | 65% | 58% | 51% | 50% | 56% | 58% |
Debtor Days | 5 | 11 | 8 | 7 | 13 | 4 | 5 | 5 | 5 | 11 | 5 | 5 |
Inventory Turnover | 1.74 | 1.69 | 1.39 | 1.32 | 1.33 | 1.49 | 1.27 | 1.19 | 1.35 | 1.64 | 2.09 | 2.10 |
Documents
Add documentRecent announcements
- Submission Of VST ESOP Trust Deed Under Regulation 3(3) Of SEBI (Share Based Employee Benefits) Regulations, 2014 22 Feb
- Disclosure of Voting results of Postal Ballot (Regulation 44(3) of SEBI (LODR) Regulations, 2015) 8 Feb
- Disclosure Of Voting Results Of Postal Ballot Under Regulation 44(3) SEBI (LODR) 6 Feb
- Announcement Under Regulation 30(5) Of SEBI (LODR) 20 Jan
- Unaudited Financial Results For The Quarter And Nine Months Ended 31.12.2020 20 Jan
View all
Annual reports
- Financial Year 2020 from bse
- Financial Year 2019 from bse
- Financial Year 2018 from bse
- Financial Year 2017 from bse
- Financial Year 2016 from bse
- Financial Year 2015 from bse
- Financial Year 2014 from bse
- Financial Year 2013 from bse
- Financial Year 2012 from bse
- Financial Year 2012 from nse
- Financial Year 2011 from bse
- Financial Year 2011 from nse
- Financial Year 2010 from bse
- Financial Year 2010 from nse